Ghana Population: 26,908,262

Formed from the merger of the British colony of the Gold Coast and the Togoland trust territory, Ghana in 1957 became the first sub-Saharan country in colonial Africa to gain its independence. Ghana endured a long series of coups before Lt. Jerry RAWLINGS took power in 1981 and banned political parties. After approving a new constitution and restoring multiparty politics in 1992, RAWLINGS won presidential elections in 1992 and 1996 but was constitutionally prevented from running for a third term in 2000. John KUFUOR succeeded him and was reelected in 2004. John Atta MILLS won the 2008 presidential election and took over as head of state, but he died in July 2012 and was constitutionally succeeded by his vice president, John Dramani MAHAMA, who subsequently won the December 2012 presidential election.

Lake Volta is the world's largest artificial lake (manmade reservoir) by surface area (8,482 sq km; 3,275 sq mi); the lake was created following the completion of the Akosombo Dam in 1965, which holds back the White Volta and Black Volta Rivers

Location:

Western Africa, bordering the Gulf of Guinea, between Cote d'Ivoire and Togo

26,908,262 note: estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality, higher death rates, lower population growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2016 est.)

conventional long form: Republic of Ghana conventional short form: Ghana former: Gold Coast etymology: named for the medieval West African kingdom of the same name, but whose location was actually further north than the modern country

cabinet: Council of Ministers; nominated by the president, approved by Parliament elections/appointments: president and vice president directly elected on the same ballot by absolute majority popular vote in 2 rounds if needed for a 4-year term (eligible for a second term); election last held on 7 December 2016 (next to be held in December 2020)

highest court(s): Supreme Court (consists of a chief justice and 12 justices) judge selection and term of office: chief justice appointed by the president in consultation with the Council of State (a small advisory body of prominent citizens) and with the approval of Parliament; other justices appointed by the president upon the advice of the Judicial Council (an 18-member independent body of judicial, military and police officials, and presidential nominees) and on the advice of the Council of State; justices can retire at age 60, with compulsory retirement at age 70

Convention People's Party or CPP [Samia NKRUMAH] National Democratic Congress or NDC [John Dramani MAHAMA] New Patriotic Party or NPP [Nana AFUKO-ADDO] People's National Convention or PNC [Hassan AYARIGA] note: listed are four of the more popular political parties as of December 2012; there are more than 20 registered parties

Political pressure groups and leaders:

Christian Aid (water rights) Committee for Joint Action or CJA (social and economic issues) National Coalition Against the Privatization of Water or CAP (water rights) Oxfam (water rights) Public Citizen (water rights) Students Coalition Against EPA [Kwabena Ososukene OKAI] (education reform) Third World Network (social and economic issues)

Ghana's economy was strengthened by a quarter century of relatively sound management, a competitive business environment, and sustained reductions in poverty levels, but in recent years has suffered the consequences of loose fiscal policy, high budget and current account deficits, and a depreciating currency. Ghana has a market-based economy with relatively few policy barriers to trade and investment in comparison with other countries in the region, and Ghana is well-endowed with natural resources. Agriculture accounts for nearly one-quarter of GDP and employs more than half of the workforce, mainly small landholders. The services sector accounts for about half of GDP. Gold and cocoa exports, and individual remittances, are major sources of foreign exchange. Expansion of Ghana’s nascent oil industry has boosted economic growth, but the recent oil price crash reduced by half Ghana’s 2015 oil revenue. Production at Jubilee, Ghana's offshore oilfield, began in mid-December 2010 and currently produces roughly 110,000 barrels per day. The country’s first gas processing plant at Atubao is also producing natural gas from the Jubilee field, providing power to several of Ghana’s thermal power plants. As of 2015, the biggest single economic issue facing Ghana is the lack of consistent electricity. While the MAHAMA administration is taking steps to improve the situation, little progress has been made. Ghana signed a $920 million extended credit facility with the IMF in April 2015 to help it address its growing economic crisis. The IMF fiscal targets will require Ghana to reduce the fiscal deficit by cutting subsidies, decreasing the bloated public sector wage bill, strengthening revenue administration, and increasing revenues. The challenge for Ghana will come as the MAHAMA Administration approaches the November 2016 elections, facing public dissatisfaction in the midst of economic austerity.

state-owned TV station, 2 state-owned radio networks; several privately owned TV stations and a large number of privately owned radio stations; transmissions of multiple international broadcasters are accessible; several cable and satellite TV subscriptio (2007)

illicit producer of cannabis for the international drug trade; major transit hub for Southwest and Southeast Asian heroin and, to a lesser extent, South American cocaine destined for Europe and the US; widespread crime and money-laundering problem, but the lack of a well-developed financial infrastructure limits the country's utility as a money-laundering center; significant domestic cocaine and cannabis use